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Market your community bank with first-party data

Independent Banker

Community banks own an enviable amount of data, but not all are leveraging it to its fullest extent. By Mindy Charski People share important data about themselves with their community bank in myriad ways. Data about existing customers can even help community banks improve their efforts to find new customers.

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The ICBA 22/23 executive committee is all in

Independent Banker

Executive committee members tell us what advocacy issues they’ll be focused on during their terms, while board members share their words of wisdom for up-and-coming community bankers: themselves. To sum it up, these leaders are all in and all heart for community banking. We are not Wall Street banks—we are community banks.

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New ICBA chairman Derek Williams’ commitment to community

Independent Banker

Derek Williams, president and CEO of Century Bank & Trust in Milledgeville, Ga., wanted to be a financier before finding his way to community banking. He has served as president and CEO of $365 million-asset Century Bank & Trust in Milledgeville, Ga., now part of Bank of America, before moving to Griffin, Ga.,

Community 172
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How CFIs Can Remain Relationship-Focused in a Digital World

Abrigo

While this might have been the first time many community banks and credit unions have seen returns on a digitization investment, these same automation and efficiency gains can be found in other end-to-end lending solutions. 3 Ways SBA Lending After PPP Can Help Banks, Credit Unions Grow, Mitigate Risk. BSA Rules and Regulation.

Lending 259
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Budget Surplus? 5 Ways to Invest in Your Financial Institution with This Year’s Excess Budget

Abrigo

Indeed, deposit levels to transaction accounts among community banks exploded 74% to $896.5 31, 2019, and June 3, 2021, according to the Community Banking in the 21st Century report. During the pandemic, fraud activity has increased, and fraudsters have found new ways to scam bank customers and credit union members.

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How CFIs Can Remain Relationship-Focused in a Digital World

Abrigo

While this might have been the first time many community banks and credit unions have seen returns on a digitization investment, these same automation and efficiency gains can be found in other end-to-end lending solutions. 3 Ways SBA Lending After PPP Can Help Banks, Credit Unions Grow, Mitigate Risk. BSA Rules and Regulation.

Lending 195
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5 Reasons to Start CECL Implementation Now

Abrigo

CECL has been in the works for more than a decade, and regulators have repeatedly urged bankers to prepare for what the American Bankers Association has called the biggest change to bank accounting ever. Regulators have said that data quality is a critical component of the CECL estimate. The CECL standard is non-prescriptive.

Resources 195